Job Openings Hit a Record High in March
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According to the Labor Department’s Job Opening and Labor Turnover Survey, March was a great month for job openings.
Openings hit a record high of 11.55 million for the month of March, the biggest since December of 2000.
However, there was also a record number of people leaving their jobs in the month, at 4.54 million.
Meanwhile, a shortage of labor from the pandemic has seen the average labor wage increase by 5.6% since March of 2021.
Job openings hit a record high March as businesses still struggle to find workers https://t.co/3u02UxE2TP
— Business Insider (@BusinessInsider) May 3, 2022
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